BUS215 – Week 2 discussion 1 – Long-Term Financial Health
1st Posting Due by Day 3. Long-Term Financial Health. Investigate at least five different savings and investment vehicles, including savings deposit accounts, mutual funds, IRAs, 401ks, 403bs, etc. Determine the costs, return on investment, risks, and appropriateness for you. Discuss in this forum what you learned and how you can use this knowledge to increase your personal wealth. Post a 200 word response to the discussion board. Your answer should focus on organizing your most relevant comments in a coherent fashion. Respond to at least two of your classmates’ postings.
Long-term financial health
Investment vehicles facilitate accumulation of funds. Some of these vehicles include; IRA’s which help to save money for financing education. IRA accounts are usually registered in the child’s name. Mutual funds also function through bonds. These bonds help us to save money that will be used in the future to secure the future. Savings deposit APA….